Oil

Crude oil prices rose on Hyperliquid as Iran issued a list of demands for reopening of the Strait of Hormuz. WTI perpetual futures jumped to $77.67, while Brent, the global benchmark, soared to $83. This rebound may continue in the new week as tensions between the US and Iran remains. Iran has issued a list

US stocks ended higher on Friday, with the S&P 500 closing at a record high as weaker-than-expected July jobs data reduced expectations for a Federal Reserve interest rate hike in September and boosted investor appetite for technology and growth stocks. The S&P 500 rose 0.6% to finish at 7,756.44, while the Nasdaq Composite climbed 1.3%